What is Patient Engagement Technology Market Scope?
Healthcare technologies are increasingly becoming more patient-facing, the report continued. Traditionally, leading patient engagement technologies have included patient portals or secure messaging tools. But these technologies have left the patient beholden to the provider. The adoption of patient engagement technology enables the healthcare industry to reduce costs while improving the quality of healthcare. An increase in the adoption of mobile health devices, rise in the number of chronic diseases, increase in the number of responsible consideration associations, and growing focus on patients for providing advanced care are the factors that are set to drive the growth of the global market.
Influencing Trend:
Adoption of virtual reality technology to improve the patient experience
Market Growth Drivers:
Growing focus on patients for providing advanced healthcare and rise in the adoption of mobile health devices. and Increase in the number of responsible consideration associations and positive government enactments.
Challenges:
Lack of talented experts and education and data security concerns
Restraints:
Data security concerns are also estimated to reduce the growth of patient engagement technology in the health care market
Opportunities:
Increasingly adopting patient engagement technology
The Patient Engagement Technology market study is being classified, by Application and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Patient Engagement Technology market throughout the predicted period.
InteliChart (United States), iTriage (United States), Medfusion(United States), MobileSmith(United States), Skylight Healthcare Systems (Canada), Advanced Patient Advocacy (United States), AdvancedMD (United States), CedarBridge Group LLC. (United States), Lumeon (United Kingdom) and Santovia (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are UPIC Health, LLC (United States) and WelVU, Inc. (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Patient Engagement Technology market by Type, Application and Region.
On the basis of geography, the market of Patient Engagement Technology has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Patient Engagement Technology Provider, Government Regulatory and Research Organizations and End-Use Industry
Patient Engagement Technology Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Patient Engagement Technology Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Patient Engagement Technology industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.